








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Middletown at 52 Pate Drive, Middletown, NJ, 07748 at $699,000 posts ROI 23.66% with $690/mo cash flow from $5,857/mo rent. Total monthly income equals $5,857/mo, and annual cash flow records $8,279/yr on $229,971 to close. Return on cash invested measures 23.66% and rental yield reads 10.05% at the current $699,000. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 by year five. Five-year ROI prints 124.51% and total cumulative return in cash totals $286,334.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,857/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2010
871.20 sqft lot
$N/A/sqft
$185 monthly HOA
Neighborhood data shown for ZIP Code: 07748, Middletown, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,569 (100%) |
| Owner Occupied HU | 8,539 (80.8%) |
| Renter Occupied HU | 1,624 (15.4%) |
| Vacant Housing Units | 406 ( 3.8%) |
| Median Home Value | $669,839 |
| Average Home Value | $691,050 |
Residential
10,267
Single Family
9,923
Multi-Family
344
Businesses
719
Date | Event | Price |
|---|---|---|
| 2025-05-29 | Listed for sale | $699,000 |
| 2017-09-21 | Sold | $427,000 |
| 2017-08-17 | Pending sale | $435,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-30 | $10360.21 | 0.15% | $629,800 | 5.81% |
| 2023-05-30 | $10344.58 | 4.72% | $595,200 | 13.46% |
| 2022-05-30 | $9878.22 | -1.88% | $524,600 | 8.39% |



Listed by: Crista Trovato • Keller Williams Realty East Monmouth
Mls Name: MOMLS
Mls Provider:
Mls ID: #22515755
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.